Class Action News

Fluor Class Action Lawsuit Filed by Levi & Korsinsky

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June 12, 2018

Anyone who purchased shares of Fluor Corporation (NYSE: FLR) from August 14, 2013 to May 3, 2018: you are hereby notified that Levi & Korsinsky has filed the class action Chun v. Fluor Corporation (Case No. 3:18-cv-01338-S) in the USDC for the Northern District of Texas. To find out more info about the Fluor class action lawsuit (FLR class action lawsuit) click herehttp://www.zlk.com/pslra-d/fluor-class-action or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

 

The Fluor class action lawsuit complaint alleges that during the Class Period defendants made false and/or misleading statements and/or failed to disclose that (i) Fluor’s bidding process for projects related to the construction of gas-fired power plants was flawed; (ii) Fluor had improperly estimated the gas-fire projects; (iii) as a result, Fluor would face craft productivity issues, equipment issues and other execution issues; (iv) Fluor would incur multiple charges impacting quarterly results; and (v) Fluor would ultimately decide to discontinue the pursuit of the gas-fired power market.

 

If you suffered a loss in Fluor you have until July 24, 2018 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

For more information on the Fluor lawsuit (FLR lawsuit), contact Levi & Korsinsky. Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.